UNICEF Raises Funds Via Cryptocurrency Mining

The United Nation’s Children’s Fund (UNICEF) Australia is eyeing on using cryptocurrency mining as a way to raise donations.

The organization launched “The Hope Page”, a website dedicated to mining cryptocurrency using the visitor’s computer processing power. UNICEF describes the initiative as something that will “allow Australians to provide help and hope to vulnerable children by simply opening the page while they are online”.

The website also allows visitors to choose how much processing power they want to donate to the mining process. The longer the visitor stays on the site, the more cryptocurrency is mined.

In a statement, the UNICEF states:

“Mining is perfectly safe for your computer. If you’re ever worried about power consumption, turn down the amount of processing power you’re donating.”

Any cryptocurrency mined is converted into fiat currency and then donated to UNICEF Australia. The money will then be used to provide life-saving supplies such as clean and safe drinking water, food and vaccines to vulnerable children around the world.

The browser miner works using an opt-in version of the Coinhive API, AuthedMine , and mines the Monero coin.

Jennifer Tierney, director of fundraising and communications for UNICEF Australia, says that the organization has long been planning to use new technologies to raise awareness on current humanitarian crises and collect donations to support vulnerable children.

As of this writing, more than 1,600 people were reported to be donating computer power to the organization.